Terminated

Querist : Anonymous (Querist) 18 May 2022 This query is : Resolved
Many supervisory staff given 3 months notice given and terminated TVS Group company , by converting work mam to supervisory cadre . Later workmen given VRS scheme 20 Lakhs. Is that ok.

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The TVS Group has terminated many supervisory staff, offering them three months' notice after converting their roles. Subsequently, a Voluntary Retirement Scheme (VRS) was introduced, offering £20 Lakhs. This raises questions about the fairness of these actions and the minimum service requirement for the VRS scheme, which appears to be 10 years for workmen but is open to all employees.

kavksatyanarayana (Expert) 18 May 2022
As per company rules and the terms and conditions of the appointment letters of the staff, what is the minimum service for the VRS scheme?

Querist : Anonymous (Querist) 19 May 2022
Minimum 10 years for workmen

krishna mohan (Expert) 20 May 2022
You can talk to management as VRS is open for all employees and not limited to workmen only

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